What You Should Know:
- New York state Governor Kathy Hochul has announced a $218M initiative to build a new electronic health record (EHR) system for the state's 24 inpatient psychiatric centers and over 300 outpatient programs.
- The funding has been awarded to Oracle Health to create a comprehensive, statewide EHR system that will improve the continuity of patient care, enhance evidence-based decision-making for clinicians, and boost the overall efficiency of treatment
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Prosper AI Raises $5M to Automate Healthcare’s Front and Back Office
What You Should Know:
- Prosper AI, a voice AI platform purpose-built for healthcare organizations secures $5M in seed funding led by Emergence Capital, with participation from Y Combinator, CRV, and Company Ventures.
Specialized AI Agents for Complex Workflows
A significant portion of U.S. healthcare expenses, over $450B annually, is dedicated to administrative costs. This includes a third of the workforce in hospitals and physician offices who are administrative staff. These
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Patient Square Capital Acquires Premier in $2.6B Deal
What You Should Know:
- Premier, Inc., a healthcare improvement company, has announced a definitive agreement to be acquired by an affiliate of Patient Square Capital.
- Under the terms of the agreement, Premier stockholders will receive $28.25 in cash per share valued at $2.6B, which represents a 23.8% premium to the company's 60-day volume-weighted average price as of September 5, 2025. The transaction has been unanimously approved by Premier’s Board of Directors.
Premier,
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Pfizer Acquires Metsera for $4.9B, Expanding into Obesity and Cardiometabolic Market
What You Should Know:
- Pfizer Inc. and Metsera, Inc. have entered into a definitive agreement under which Pfizer will acquire Metsera, a clinical-stage biopharmaceutical company focused on developing medicines for obesity and cardiometabolic diseases for $4.9B.
- The acquisition is a strategic move for Pfizer, allowing it to enter a significant and growing therapeutic area. The Boards of Directors of both companies have unanimously approved the transaction.
Financial Terms
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The State of Claims 2025: Why AI Adoption is Lagging in Healthcare Revenue Cycle Management
What You Should Know:
- According to the Experian Health 2025 State of Claims survey, healthcare providers are grappling with a persistent cycle of rising claim denials, data errors, and staffing shortages. The survey was conducted among 250 healthcare professionals responsible for financial, billing, or claims management decisions.
- The survey found that 41% of providers now experience denial rates of 10% or higher, a problem that has grown annually since 2022. Despite widespread
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Sutter Health and Epic Launch “Sutter Sync” to Optimize Remote Chronic Care
What You Should Know:
- Sutter Health has partnered with Epic to launch a new initiative called Sutter Sync, which deploys first-of-their-kind medical devices that connect directly to Epic's EHR.
- The initiative is designed to help patients proactively manage chronic health conditions from the comfort of their own homes. The program aims to make access easier by treating patients' homes as care settings, helping people stay healthier and avoid unnecessary hospital
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Until Labs Raises $58M to Pioneer Organ Cryopreservation and Medical Hibernation
What You Should Know:
- Until Labs, a company dedicated to the reversible cryopreservation of biological systems secures $58M in Series A funding led by Founders Fund, with participation from Lux Capital and Field Ventures.
- The funding will be used to grow the company's multidisciplinary team of experts in chemistry, biology, and engineering.
Solving the Organ Transplant Crisis
The company's primary focus is on organ-scale reversible cryopreservation. This technology
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Lunit and Agilent Partner to Develop AI-Powered Companion Diagnostics for Cancer
What You Should Know:
- Lunit, a provider of AI for cancer diagnostics, and Agilent Technologies Inc., a global leader in life sciences, have announced a nonexclusive collaboration to develop AI-based companion diagnostic solutions.
- The strategic partnership will combine Lunit's AI technology with Agilent’s expertise in tissue-based companion diagnostics. The goal is to create advanced solutions that meet the demands of novel and complex biomarker assays in drug
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MoldCo Raises $8M to Combat the “Invisible Health Crisis” of Mold Toxicity
What You Should Know:
- MoldCo, a telehealth platform specializing in the diagnosis and treatment of mold and environmental toxins, has announced it has raised $8M in seed funding co-led by Cantos and Collaborative Fund. The funding brings the company's total funding to $11M.
- The funding will be used to expand MoldCo's virtual clinic and advance its mission to make expert-led care for mold-related illness more affordable and accessible to patients nationwide.
Mold: The Invisible
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AccurKardia Launches Clinical Pilot for AI-Powered Hyperkalemia Detection
What You Should Know:
- AccurKardia, a diagnostics technology innovator, has initiated a multicenter clinical pilot for its AK+ Guard technology.
- The AI-powered device, which has been designated as an FDA Breakthrough Device, can detect hyperkalemia—an excess of serum potassium in the blood—using a standard Lead I ECG.
AI-Powered Hyperkalemia Detection
Hyperkalemia is a serious condition that affects millions of people with chronic kidney disease (CKD) and
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